dexwatch News · 14 updates

What changed
on the DEXes.

Dated, sourced updates on the venues we track: exploits and outages, token launches and airdrops, new exchanges, fee changes and regulation. Each item links the affected profiles, which carry the same facts in their notice. RSS feed.

October 2026

SpotFees
PancakeSwap's "The Flip" passes: LPs get 88% of v3 fees, CAKE emissions cut 69%

veCAKE holders approved The Flip on 24 October with about 71% in favour. LP fee share on v3 and Infinity pools rises to 88%; daily CAKE emissions step down from 22,500 to 7,000.

PancakeSwap
PerpsFees
GMX folds GMTrade back in, launches Builder Fees on Solana

GMTrade, the Solana deployment spun out of GMX in late 2025, is back under the GMX brand. On 23 October GMX opened Builder Fees on Solana; a governance post routes Solana revenue to GMX buybacks from 28 October.

GMX
PerpsLaunch
trade.xyz lists a JIO pre-IPO perpetual on Hyperliquid

The HIP-3 builder trade.xyz opened a USDC-settled perpetual on Jio Platforms ahead of its IPO, with up to 5x leverage. It joins earlier pre-IPO markets such as SpaceX and Cerebras.

trade.xyzHyperliquid
SpotLaunch
Uniswap v4 aggregator hooks go live on Ethereum, Base and Robinhood Chain

Uniswap Labs launched hooks that wrap external liquidity from Fluid, Curve and PancakeSwap as v4 pools. Trades through them pay Uniswap protocol fees that feed UNI burns.

UniswapCurveFluid
RegulationSpot
UK FCA opens consultation on DeFi guidance for regulated firms

Guidance Consultation GC26/7 explains how operational-resilience and financial-crime rules apply to FCA firms that use DeFi. Comments close 18 November 2026; final guidance is planned for January 2027.

PerpsRegulation
Lighter says it will file for CFTC exchange and clearing registrations in November

On a 21 October investor call, founder Vladimir Novakovski said Lighter intends to apply for DCM and DCO status. Nothing has been filed yet; review can take up to 280 days.

Lighter
PerpsFees
Arcus ends beta discounts on crypto perps, splits RWA and crypto fee schedules

From 23 October crypto perps on Arcus cost 0.015%/0.045% maker/taker at Tier 0, while RWA perps keep zero maker fees. Tier thresholds are halved; multi-asset collateral and a mobile app arrived the same week.

Arcus
PerpsLaunch
Lighter launches 15-minute BTC and ETH binary options on Core

Lighter's first options product is a fully funded Up/Down contract settled every 15 minutes on Chainlink prices, paying 1 USDC per winning share. No leverage, no liquidations; European options are planned next.

Lighter
PerpsLaunch
Jupiter Labs launches YOLO, an unaudited 500–1,000x product paid from a house pool

YOLO simulates positions on SOL, BTC and ETH against real prices and pays winners from a pool; profits can be queued with no guaranteed payout time. Jupiter says it is unaudited and separate from Jupiter Perps.

Jupiter
PerpsToken
StandX shuts down, cancels its token and replaces it with a DUSD airdrop

The BNB Chain and Solana perp DEX founded by ex-Binance Futures head Aaron Gong announced its wind-down on 15 October. Trading went reduce-only on 20 October; withdrawals close 31 January 2027.

StandX
PerpsToken
$TRUE did not list on 15 October; TRUE Foundation now names 1 December 2026

The Solana perp DEX TRUE had scheduled its token listing for 15 October. The foundation's site now states the listing on TRUE DEX for 1 December 2026, 18:00 CET. The token is not tradable yet.

TRUE
PerpsAirdrop
Bulk starts the Challenger Series: eight-week AURA leagues paid from 12.5% of net revenue

Season 1 of Bulk's ranked trading league runs 10 October to 5 December 2026. Traders are ranked weekly by Trading AURA; the USDC prize pool is 12.5% of net revenue. No token has been announced.

Bulk
RegulationPerps
CFTC opens rulemaking on leveraged retail crypto trading (Regulation CTX and CAM)

On 5 October the CFTC issued an advance notice proposing a framework for leveraged, margined or financed retail crypto trades and a new 'crypto asset market' registration. DeFi venues are not addressed directly.

PerpsExploit
Velocity opens Drift recovery claims; first DFX redemptions pay about one cent per dollar

Claims for the DFX recovery token opened on 1 October, one token per USDT lost in the April exploit. The pool held 3.11M USDT against $295M of losses; pledged funds from Tether were not yet included.

Velocity

Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Educational content, not financial advice.